LD 1539
pg. 78
Page 77 of 101 An Act To Amend the Laws Relating to Corporations, Limited Partnerships, Limite... Page 79 of 101
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LR 1942
Item 1

 
company," "professional limited liability company," "limited
liability partnership,"__"registered limited liability
partnership," "service corporation" and "professional
corporation";

 
B.__The presence or absence of the words or symbols of the
words "and" and "the"; and

 
C.__Differences in the use of punctuation, capitalization or
special characters.

 
7.__Change of limited liability company name by foreign
limited liability company.__If a foreign limited liability
company authorized to transact business in this State changes its
name to one that does not satisfy the requirements of this
section, it may not transact business in this State under the
proposed new name until it adopts a name satisfying the
requirements of this section and files an amended application for
authority under section 715 that is accompanied by a statement of
use of a fictitious name under section 605-A.

 
8.__Exception.__Notwithstanding subsection 2, the name of a
foreign limited liability company may be not distinguishable on
the records of the Secretary of State if the foreign limited
liability company was authorized to do business in this State
before January 1, 1995 and had the right to use the name as its
legal name before that date.

 
9.__Name of limited liability company suspended.__Subsection 2
does not apply to the name of any limited liability company whose
certificate is suspended on and after the 3rd anniversary of the
suspension.

 
Sec. C-21. 31 MRSA §604, as enacted by PL 1993, c. 718, Pt. A, §1,
is repealed.

 
Sec. C-22. 31 MRSA §604-A is enacted to read:

 
§604-A.__Reserved name

 
1.__Reserve use of name.__A person may reserve the exclusive
use of a limited liability company name, including an assumed or
fictitious name, by executing and delivering for filing an
application to the Secretary of State. The application must set
forth the name and address of the applicant and the name proposed
to be reserved. If the Secretary of State finds that the limited
liability company name applied for is available, the Secretary of
State shall reserve the name for the applicant's exclusive use
for a nonrenewable period of 120 days.


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